Bank7 Corp. (BSVN) executive sells 1,000 shares in open market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank7 Corp. executive Douglas A. Haines reported an open-market sale of 1,000 shares of common stock at a weighted average price of $44.074 per share. After this transaction, he directly holds 16,647 shares, which include multiple restricted stock unit awards that vest annually through February 2029.
Haines serves as Regional President of Western Oklahoma and Kansas. The sale price reflects multiple trades completed between $44.00 and $44.10 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($44,074)
Net Sell
1 txn
Insider
Haines Douglas A
Role
Reg. Pres. of West. OK & KS
Sold
1,000 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 1,000 | $44.074 | $44K |
Holdings After Transaction:
Common stock, par value $0.01 per share — 16,647 shares (Direct, null)
Footnotes (1)
- Includes 1,500 restricted stock units. The original grant of 2,000 restricted stock units vests in four equal installments on February 15, 2026, 2027, 2028, and 2029. Includes 1,250 restricted stock units. The original grant of 5,000 restricted stock units vests in four equal installments on February 15, 2024, 2025, 2026, and 2027. Includes 1,750 restricted stock units. The original grant of 3,500 restricted stock units vests in four equal installments on February 15, 2025, 2026, 2027, and 2028. The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $44.00 to $44.10. Upon request, the reporting person will provide the SEC, the Company, or any stockholder full information regarding the number of shares sold at each separate price in the range.
Key Figures
Shares sold: 1,000 shares
Weighted average sale price: $44.074 per share
Shares held after transaction: 16,647 shares
+3 more
6 metrics
Shares sold
1,000 shares
Open-market sale of common stock
Weighted average sale price
$44.074 per share
Open-market sale, trades between $44.00 and $44.10
Shares held after transaction
16,647 shares
Direct ownership following the sale
Unvested RSUs from 2026–2029 grant
1,500 restricted stock units
Original 2,000-unit grant vesting each February 15, 2026–2029
Unvested RSUs from 2024–2027 grant
1,250 restricted stock units
Original 5,000-unit grant vesting each February 15, 2024–2027
Unvested RSUs from 2025–2028 grant
1,750 restricted stock units
Original 3,500-unit grant vesting each February 15, 2025–2028
Key Terms
restricted stock units, weighted average, open-market sale, non-derivative, +1 more
5 terms
restricted stock units financial
"Includes 1,500 restricted stock units. The original grant of 2,000 restricted stock units vests in four equal installments..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average financial
"The price reported is a weighted average. The shares were sold in multiple transactions..."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type: non-derivative"
par value financial
"Common stock, par value $0.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did Bank7 Corp. (BSVN) report for Douglas A. Haines?
Bank7 Corp. reported that executive Douglas A. Haines sold 1,000 shares of common stock in an open-market transaction. The sale was reported at a weighted average price of $44.074 per share, based on multiple trades within a narrow intraday range.
What restricted stock units does Douglas A. Haines have in Bank7 Corp. (BSVN)?
Douglas A. Haines’ reported holdings include 1,500, 1,250, and 1,750 restricted stock units from three grants. These original grants were 2,000, 5,000, and 3,500 units, vesting in four equal installments on February 15 in years spanning 2024 through 2029.
What role does Douglas A. Haines hold at Bank7 Corp. (BSVN)?
Douglas A. Haines is identified as an officer of Bank7 Corp., serving as Regional President of Western Oklahoma and Kansas. His status as an executive officer requires public reporting of transactions in Bank7 Corp. common stock on Form 4 with the SEC.
Was the Bank7 Corp. (BSVN) insider sale a derivative or stock option exercise?
The reported transaction by Douglas A. Haines was a non-derivative open-market sale of common stock. The filing shows no derivative securities exercised or converted in this event, and the derivative securities summary section contains no remaining option or similar positions.